The bull case for Tanzanites: - It is sourced from a single small deposit in the Mererani Hills near Mount Kilimanjaro in Tanzania. No other commercially viable sources exist anywhere on Earth, making it roughly 1000x (heh) rarer than diamond. - Primary mines are depleting quickly, 10-25 years left of supply - The stone features a rare trichroic quality that allows it to shift between vibrant blue and violet colors depending on the viewing angle. If you’ve never seen one in person, they can quite literally contain galaxies. - The current market for tanzanite remains relatively small, yet it has substantial upside as awareness grows and the scarcity story takes hold among serious participants. - Discerning collectors (such as myself) have begun quietly accumulating top tier stones. Bought this one 2 years ago for 9800 now worth maybe ~18-30k depending.

$MSFT, down 24% YTD. Azure +39% YoY. $GOOGL, down 20% YTD. Trading at 17x earnings vs. a historical median of 26x. Google Cloud grew 48% last quarter though... $META — down 17% YTD. Ackman actually put $2B in and called it “one of the world’s greatest businesses.” Lol. The market is scared of capex. The ad engine doesn’t care. Although Zuck was obsessed with VR… $UBER — Ackman says it trades at “a massive discount to intrinsic value.” FCF up 34% YoY. 30%+ EPS growth expected. Personally I love Uber. $BN (Brookfield) — trading at a 22% discount to NAV. Record Q4 earnings. Bought back $1B of stock. Maybe getting hit by private credit fears but should he fine. $QSR (Restaurant Brands) — Burger King, Tim Hortons, Popeyes. Global franchise model returning 4.6% of market cap to shareholders this year. Restaurant stocks sold off on consumer fears that don’t apply to franchisors. Also BK objectively has better food than McD